Advisors Preferred LLC Sells 364 Shares of Invesco S&P 500 Equal Weight ETF $RSP

Advisors Preferred LLC lowered its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 1.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,497 shares of the company’s stock after selling 364 shares during the period. Advisors Preferred LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,872,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Realta Investment Advisors grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 15.5% in the 2nd quarter. Realta Investment Advisors now owns 410 shares of the company’s stock worth $75,000 after acquiring an additional 55 shares in the last quarter. Battery Global Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the first quarter. Battery Global Advisors LLC now owns 12,604 shares of the company’s stock valued at $2,183,000 after acquiring an additional 60 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.2% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,502 shares of the company’s stock valued at $1,000,000 after acquiring an additional 64 shares in the last quarter. Ehrlich Financial Group grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 1.4% in the second quarter. Ehrlich Financial Group now owns 4,792 shares of the company’s stock valued at $871,000 after acquiring an additional 65 shares in the last quarter. Finally, Samalin Investment Counsel LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 0.9% in the 1st quarter. Samalin Investment Counsel LLC now owns 7,478 shares of the company’s stock valued at $1,295,000 after purchasing an additional 67 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $187.47 on Tuesday. The company has a market capitalization of $72.51 billion, a PE ratio of 20.10 and a beta of 0.99. The business has a fifty day moving average price of $188.89 and a two-hundred day moving average price of $182.68. Invesco S&P 500 Equal Weight ETF has a 1 year low of $150.35 and a 1 year high of $192.33.

Invesco S&P 500 Equal Weight ETF Company Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).